A lot of car companies have a lot of work to do. |
A lot of these people who are buying new cars shouldn't be buying new cars, period. |
Automakers have been subsidizing the lower end of the markets to meet CAFE standards, |
Automakers have been subsidizing the lower end of the markets to meet CAFE standards. |
Companies will be forced to build smaller cars and move away from larger ones. |
Every product has a cycle, and that one happens to be at the end of its current cycle. |
Families want their vehicles to do a variety of things. They're toting not only their kids, but other people's kids and they want space, safety and style. |
Financing of over 100 percent of the car's value is not unusual these days. |
Fuel prices have sent people to cars a little bit more, and many of the trucks and SUVs from GM and Ford are at the end of their model life. Frankly, in terms of new models, there's more interesting stuff happening, and it's stronger with regard to the Asians. |
Generally this time of year is clearance time in the auto business. |
I think it's a hard drug to get the consumers off of frankly, ... We've certainly seen that in our surveys. Many consumers have become very dependent on incentives to motivate them to get up off the couch and into showrooms. |
I think it's a hard drug to get the consumers off of frankly. We've certainly seen that in our surveys. Many consumers have become very dependent on incentives to motivate them to get up off the couch and into showrooms. |
I was surprised people put relatively little emphasis on the value of the interior of their car. What we find is a lot of people are losing a lot of money by not paying attention to resale value. |
If you are talking about developing a new platform from the ground up, platform sharing probably saves tens or hundreds of millions of dollars. And it probably saves at least two or three years off the design process. |
It makes a lot of sense when you look at the depreciation curve on a typical new car. Most of the depreciation takes place in the first two years, so someone else takes the hit, |